Woodstock World Brings The Iconic 1969 Festival Into The Metaverse

Legendary music festival Woodstock has entered the Metaverse through blockchain production firm Sequin AR. The partnership gives global music fans across a place to come together and discover the Woodstock World. The aim is to make new and budding artists discoverable via the platform. Here is something about Woodstock in the metaverse. What Does Woodstock… Continue reading Woodstock World Brings The Iconic 1969 Festival Into The Metaverse

Axie Infinity Records 59% Surge In Active Users: Is Play-to-Earn Rebounding?

Axie Infinity is beginning 2023 on the right track, as the play-to-earn (P2E) game’s active users recorded a 59% surge. Based on recent data, Axie Infinity’s sales volume also surged by a staggering 214% in January. The promising data now might mean that Play-to-Earn games may become popular again after a tragic drop in 2022.… Continue reading Axie Infinity Records 59% Surge In Active Users: Is Play-to-Earn Rebounding?

PetaRush Animal Racing Game Opens New Utility For NFT Collectors

PetaRush, an up-and-coming NFT racing game sold out all of its collectibles and launched a demo version while integrating different nonfungible token (NFT) IPs. Linking the gap between the NFT and blockchain gaming sectors has been a major challenge for crypto enthusiasts and developers alike. Large NFT collections aim to incorporate utility and bring advantages… Continue reading PetaRush Animal Racing Game Opens New Utility For NFT Collectors

Yuga Labs Affected By Recent Mailchimp Data Breach

On January 17, the popular email marketing platform Mailchimp confirmed a data breach – and Yuga Labs was among the victims. Notably, the Bored Ape Yacht Club developers are still going through the details to determine how their Mailchimp account was compromised. Nonetheless, they did tweet the community a warning to ‘stay safe and vigilant’… Continue reading Yuga Labs Affected By Recent Mailchimp Data Breach

Rekt Guy Launched Merchandise And Announced Competition Winners

Based on the usual information, things over at Rekt Guy are anything but dull, and the entire community is a proponent of that. The team started the week with a bang, announcing their new Rekt merchandise along with the winners of their competition. Here is what you need to know: Rekt Guy confirmed the launch… Continue reading Rekt Guy Launched Merchandise And Announced Competition Winners

Japan Updates Its NFT Taxation Rules And Guidelines

Japan’s National Tax Agency (NTA) confirmed that it has updated its official nonfungible token (NFT) taxation guidelines. For instance, NTA will calculate the cumulative income of a citizen’s currency at the end of every year so that they will only need to pay taxes once. Officials now hope that the change will encourage the traders… Continue reading Japan Updates Its NFT Taxation Rules And Guidelines

NFT Gaming Trends In 2023: Top Executives Expect More Big Players To Dive In

From more gaming firms joining in aiming to benefit from the relevance of popular concepts, different sector experts shared their insights on forthcoming NFT gaming trends. Despite the bullying that gamers exert on traditional gaming firms cautiously investing in nonfungible tokens (NFTs), the executives working within the NFT gaming sector are hopeful that more traditional… Continue reading NFT Gaming Trends In 2023: Top Executives Expect More Big Players To Dive In

Shopify Now Lets Merchants Create, Mint, And Sell Avalanche NFTs

Shopify nonfungible tokens (NFTs) are now coming to a virtual storefront that you like. The e-commerce behemoth has enabled the sale of Avalanche NFTs on its websites. This will enable merchants to mint and sell NFTs from their e-commerce store. Moreover, users will have the ability to buy nonfungible tokens smoothly. Notably, Shopify will let… Continue reading Shopify Now Lets Merchants Create, Mint, And Sell Avalanche NFTs

Sacha Jafri Introduces Customized Rolls-Royces With NFTs

British luxury automaker, Rolls-Royce Motor, has partnered with world-famous modern artist, Sacha Jafri to unveil six hand-painted cars along with their nonfungible tokens (NFTs). Titled ‘The Six Elements’, the NFT collection features six distinct Phantom Extended Series II cars. Furthermore, the paintings take some inspiration from Jafri’s acclaimed ‘Journey of Humanity’ painting. Here is what… Continue reading Sacha Jafri Introduces Customized Rolls-Royces With NFTs

NFT Sales Increased In The First Week Of January

January 2023 mini NFT Bull Run seems to have been confirmed, at least according to the sales story. As the market starts to recover from a severe 2022 second half, the 7-day volume of NFT sales in the first week of 2023 showed an uptick of 26%. The NFT sales volume for the past week… Continue reading NFT Sales Increased In The First Week Of January